Trump Backs CFTC Over Prediction Markets, Calls State Officials ‘Scum’
Federal oversight gains the president’s backing as states push to bring prediction markets under their own gambling laws.
Live Bitcoin News·
Trump supports crypto growth and prediction markets while defending CFTC authority and warning against state-level regulatory interference across America. U.S. President Donald Trump strongly supported the crypto industry and prediction markets in recent remarks. The U.S. needs to continue to safeguard innovation and remain a leader in digital finance markets, he said. Trump also emphasized […] The post Trump Pushes Crypto Boom, Defends CFTC Control Over Prediction Markets appeared first on Live Bitcoin News.
Read full articleFederal oversight gains the president’s backing as states push to bring prediction markets under their own gambling laws.
TD Cowen keeps CLARITY Act passage odds at 40% due to a worsening political environment. The Senate Banking Committee advanced the bill, but it still needs 60 votes in the full Senate. The main conflict is Section 307, which bars Congress and the President from crypto trading and targets Trump’s ventures. Jaret Seiberg, an analyst […] The post TD Cowen Sees Worsening Political Risks for the CLARITY Act appeared first on Live Bitcoin News.
Two spot exchange-traded funds (ETFs) tracking Hyperliquid’s HYPE token have set a new benchmark for altcoin fund debuts in the U.S., absorbing 1.04% of the token’s total market capitalization in their first 10 trading days, while a single wallet simultaneously withdrew $30.93 million in HYPE from Coinbase Prime. HYPE ETFs Outperform Every Prior Altcoin Debut […]
Tokyo-listed Bitcoin Japan Corporation has invested in SpaceX through a U.S.-based private secondary market transaction tied to digital infrastructure and AI expansion. According to a press release shared with crypto.news, Bitcoin Japan made the investment through BTCJPN US LLC, its…
The case highlights regulatory gaps in prediction markets, prompting a broader industry and legislative reevaluation of oversight mechanisms. The post Polymarket faces scrutiny over insider trading amid US Army charges appeared first on Crypto Briefing.
U.S. President Donald Trump has appointed former Attorney General Pam Bondi to the Presidential Council of Advisors on Science and Technology (PCAST), a high-level artificial intelligence (AI) advisory body co-chaired by crypto advocate and former White House AI and crypto czar David Sacks. Bondi Joins a Panel Stacked With Tech Heavyweights Bondi is set to […]
The ECB's warning highlights the potential for geopolitical tensions to destabilize global markets, impacting economic stability and policy decisions. The post European Central Bank warns Trump’s Iran conflict risks triggering financial crisis appeared first on Crypto Briefing.
A permissionless exchange protocol called Exchange OS has gone live on OKX’s Xlayer network, allowing any developer to deploy spot markets, perpetual futures, and prediction markets on shared infrastructure, with Glassnode serving as the official onchain data provider. Glassnode Powers Exchange OS Launch on OKX’s Xlayer Onchan analytics provider Glassnode confirmed on May 26, that […]